Keystone Financial Services bought a new stake in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report) during the second quarter, HoldingsChannel reports. The institutional investor bought 5,256 shares of the company’s stock, valued at approximately $541,000.
Several other hedge funds also recently bought and sold shares of the stock. LGT Financial Advisors LLC purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 2nd quarter valued at about $26,000. HHM Wealth Advisors LLC acquired a new position in shares of iShares 0-5 Year TIPS Bond ETF in the first quarter valued at approximately $28,000. Cape Investment Advisory Inc. raised its position in shares of iShares 0-5 Year TIPS Bond ETF by 35,300.0% in the first quarter. Cape Investment Advisory Inc. now owns 354 shares of the company’s stock valued at $37,000 after buying an additional 353 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of iShares 0-5 Year TIPS Bond ETF by 7,780.0% during the first quarter. Smartleaf Asset Management LLC now owns 394 shares of the company’s stock valued at $41,000 after buying an additional 389 shares during the period. Finally, Quaker Wealth Management LLC boosted its position in iShares 0-5 Year TIPS Bond ETF by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 420 shares of the company’s stock worth $43,000 after acquiring an additional 840 shares during the last quarter.
iShares 0-5 Year TIPS Bond ETF Stock Up 0.1%
STIP stock opened at $102.88 on Friday. The company has a 50 day moving average price of $103.35 and a two-hundred day moving average price of $102.96. iShares 0-5 Year TIPS Bond ETF has a one year low of $100.13 and a one year high of $103.93.
About iShares 0-5 Year TIPS Bond ETF
The iShares 0-5 Year TIPS Bond ETF (STIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury Inflation-Protected Securities (TIPS) with a remaining maturity of less than 5 years. STIP was launched on Dec 1, 2010 and is managed by BlackRock.
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Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP – Free Report).
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